Sale reports / Nebraska / Bassett / 2026-05-27

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, May 27
● Final29 lots reportedUSDA AMS · slug 1852
Receipts
3,200 head
▲ 1,653 vs last sale 1,547▲ 208 vs year ago 2,992 · +7.0%
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Reporter comment USDA

As filed

Its been three weeks since the last feeder auction a trend will not be given for steers or heifers. Demand was good with several buyers and active internet bidding, for the weaned Fall calves and yearling offerings today. Still very dry conditions in the Sandhills with scattered showers in the area but not a measurable difference to help the drought conditions. Some offerings in town today do to grass shortage. Next Auction Dates June 10th and 24th

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $508.26/cwt on 260 head, down $0.41 from the prior sale. That ranks 8 of 11 comparable sales and sits +8.57 against this barn's trailing median of $499.69.
Average price
$508.26
▼ 0.41 vs prior sale
260 head · 560 lb average
Value per head Derived
$2,848
Price × average weight ÷ 100
Grade differential Derived
$164
per head · Medium and Large 1 over Medium and Large 1-2
$41.74/cwt at this weight
vs the market
+4.97
vs NE average
+47.89 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1559511.312,859241
Medium and Large 1-2574469.572,69519thin
One grade step is worth $41.74/cwt here — about $164 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale260 hd
508.26
—
NE average2 barns · 374 hd
503.29
+4.97
National average128 barns · 4,767 hd
460.37
+47.89
This barn, trailing median11 sales
499.69
+8.57
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

11 sales
538497456415median 499.6904/0105/0607/0810/0710/28
Steers 500–600 lb: high $523.82, low $428.50, median $499.69 across 11 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

29 lots · USDA AMS · Bassett Livestock Auction - Bassett, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers16 lots · lightest first
Steers450–500Medium and Large 1474533.12/cwt530.00–537.502,52716
Steers500–550Medium and Large 1526525.58/cwt519.00–536.002,76578
Steers550–600Medium and Large 1Fancy566526.00/cwt526.00–526.002,97764
Steers550–600Medium and Large 1-2574469.57/cwt467.50–472.502,69519
Steers550–600Medium and Large 1581490.56/cwt481.00–515.002,85099
Steers600–650Medium and Large 1627480.94/cwt452.50–487.253,015342
Steers600–650Medium and Large 1-2647420.00/cwt420.00–420.002,71717
Steers650–700Medium and Large 1-2681412.50/cwt412.50–412.502,8095
Steers650–700Medium and Large 1684446.03/cwt441.00–460.003,051185
Steers700–750Medium and Large 1714428.43/cwt414.00–431.003,059291
Steers700–750Medium and Large 1-2733401.00/cwt401.00–401.002,93921
Steers750–800Medium and Large 1782392.13/cwt378.00–407.003,066206
Steers800–850Medium and Large 1837377.93/cwt360.00–381.253,163138
Steers850–900Medium and Large 1890356.37/cwt346.50–360.503,17292
Steers900–950Medium and Large 1906357.78/cwt347.00–361.003,241192
Steers950–1000Medium and Large 1954344.00/cwt344.00–344.003,28224
Feeder Cattle · Heifers13 lots · lightest first
Heifers450–500Medium and Large 1479496.44/cwt482.50–517.502,37812
Heifers500–550Medium and Large 1519483.59/cwt477.50–492.502,510130
Heifers500–550Medium and Large 1-2534465.43/cwt457.50–472.502,48519
Heifers550–600Medium and Large 1573465.88/cwt444.00–478.002,669143
Heifers550–600Medium and Large 1-2591425.00/cwt425.00–425.002,51215
Heifers600–650Medium and Large 1614429.18/cwt420.00–442.502,63586
Heifers600–650Medium and Large 1-2629402.50/cwt402.50–402.502,53221
Heifers650–700Medium and Large 1662403.98/cwt392.00–423.002,67464
Heifers700–750Medium and Large 1-2712358.98/cwt352.50–367.502,55621
Heifers700–750Medium and Large 1720379.48/cwt371.25–402.502,73266
Heifers750–800Medium and Large 1768330.00/cwt330.00–330.002,53411
Heifers800–850Medium and Large 1815363.01/cwt362.75–364.252,959338
Heifers850–900Medium and Large 1893345.41/cwt333.00–346.503,085136

This sale against other markets

Nebraska weighted averages
One sale is one barn on one day. The state ladder is every Nebraska auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.